RIYADH : A consortium led by French utility Engie has agreed to buy Eolia Renovables, a Spanish renewable power producer owned by Alberta Investment Management, for an undisclosed sum. The acquisition was made jointly with Credit Agricole Assurances, which will own 60 percent of Eolia’s operating assets. Engie has the remaining 40 percent, Bloomberg reported. […]
Engie Nears Deal to Buy Spanish Renewables Producer Eolia – EQ Mag Pro
A consortium led by French utility Engie SA is nearing a deal to acquire Eolia Renovables de Inversiones SCR SA, a Spanish renewable power producer owned by Alberta Investment Management Corp., said people with knowledge of the matter. An agreement is set to be announced as soon as Wednesday, the people said, asking not to […]